Government Work Report: Allocate 250 billion yuan in government bonds to support old-for-new replacements and establish 100 billion yuan in funds to support expanding domestic demand

CryptocurrencySniper · 2026-03-05T02:18:40+00:00

The Government Work Report, when outlining the 2026 government work tasks, proposed to promote the expansion and upgrading of commodity consumption, allocate 250 billion yuan in ultra-long-term special treasury bonds to support the renewal of consumer goods, and optimize policy implementation mechanisms. A 100 billion yuan fiscal and financial coordination special fund will be established to stimulate domestic demand, utilizing a combination of loan interest subsidies, financing guarantees, risk compensation, and other methods to support the expansion of domestic demand.(Source: Xinhua News Agency)

CryptocurrencySniper

2026-03-05 02:18:40

The government work report, when introducing the 2026 government work tasks, proposed to promote the expansion and upgrading of commodity consumption, allocate 250 billion yuan in ultra-long-term special treasury bonds to support the renewal of consumer goods, and optimize policy implementation mechanisms. It also established a 100 billion yuan fiscal and financial coordination special fund to stimulate domestic demand, using a combination of interest subsidies on loans, financing guarantees, and risk compensation to support expanding domestic demand.

(Source: Xinhua News Agency)

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